Examlex
Identify and discuss some of the negative aspects associated with franchises.
Research and Development Costs
Expenses related to the investigation and discovery of new knowledge, products, or processes, which can improve a company's future performance and competitiveness.
Direct Ownership
A situation in which an individual or entity holds direct title to assets, such as property or stocks, without any intermediaries.
Political Risk
The potential for losses or other adverse effects on business operations due to political instability or changes in government policies.
Foreign Market
A market outside of a company's home country where it engages in selling its products or services.
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